Plan Ledger DOL Form 5500 · updated monthly

Systems Unlimited, Inc.benefits

Systems Unlimited, Inc. Employee Benefits Plan · IOWA, IA · plan year 2024

Broker compensation reported · 2024
$77,963

Systems Unlimited, Inc.'s benefits plans covered 436 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $137,596. Insurance brokers and agents were paid $77,963 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 56.7% of premiums. That is $179 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.3x the $23,774 reported for 2023.

Insurance contracts · 20247
DELTA DENTAL OF IOWA · dental$138K · 276 covered
WELLMARK BLUE CROSS BLUE SHIELD OF IOWA · health drug ppopremiums n/a · 84 covered
WELLMARK HEALTH PLAN OF IOWA · health drug hmopremiums n/a · 277 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 461 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 451 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 85 covered
VERATRUS BENEFIT SOLUTIONS, INC · visionpremiums n/a · 223 covered
Brokers & agents paid · 20245
TRUENORTH COMPANIES LC$17,303 · incl $5,259 fees
TRUENORTH COMPANIES, LLC$2,267 · incl $527 fees
Also brokered by Holmes Murphy5
Conexon, LLC MO$632,134

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 420985205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.